Author Archive
Boeing to Acquire Inmedius to Enhance Information Services Capabilities
Key technology partner to join Boeing’s Commercial Aviation Services’ Information Services Group Boeing [NYSE: BA] today announced that it has signed an agreement to acquire Inmedius, a provider of software applicat...
A350 XWB Aft Fuselage Delivered to Final Assembly Line
Airbus has delivered the aft fuselage for the A350 XWB static test airframe to the final assembly line in Toulouse (France). This final section of the fuselage will be assembled with the front and centre fuselage sections which...
US Air Says AMR Merger To Yield USD$1.2 Bln A Year
A merger of bankrupt American Airlines and US Airways would generate at least USD$1.2 billion a year in new value beyond the benefit that could be passed to employees of the combined carrier, the president of US A...
Lufthansa Says No Decision On Job Cuts
Lufthansa said it is still evaluating how many jobs it would cut as part of a cost-saving initiative, in response to a report that Germany’s biggest airline plans to slash about 3,000 administrative jobs. German...
US Airways Posts Net Profit, Loss Ex-Items
US Airways on Wednesday reported a first-quarter loss, excluding items, as fuel costs rose, but said passenger demand was strong as the summer travel season approaches. Net income came to USD$48 million, or 28 cen...
Delta Posts Q1 Loss, Expects Full Year Profit
Delta Air Lines reported a quarterly operating loss, but said it expects profits for the current second quarter and full year despite higher fuel costs. Excluding special items, which amounted to a USD$163 million...
